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Morgan Advanced Materials: BlackRock’s Stake Falls Below 5%

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Morgan Advanced Materials: BlackRock’s Stake Falls Below 5%

The latest announcement is out from Morgan Advanced Materials ( (GB:MGAM) ).

Morgan Advanced Materials PLC announced a change in the voting rights held by BlackRock, Inc., as the latter’s holdings have fallen below 5% as of February 28, 2025. This adjustment in BlackRock’s stake could influence the company’s shareholder dynamics and reflects a shift in investment strategy by one of its major stakeholders.

More about Morgan Advanced Materials

Morgan Advanced Materials PLC is a UK-based company operating in the advanced materials industry. It specializes in the production of high-performance materials and components, serving various sectors including transportation, electronics, and healthcare.

YTD Price Performance: -21.14%

Average Trading Volume: 934,749

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £603.6M

For detailed information about MGAM stock, go to TipRanks’ Stock Analysis page.

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